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#SpaceWatchGL Opinion: New Space – Overview and investment Trends

by Malak Trabelsi Loeb Humankind’s interest in space is not a new phenomenon. [1] It is by nature that man pursues his endeavors to explore new dawns which evolved with his evolution, despite its associated risks [2]. Historically, human space exploration was initiated by the Soviet Union with the Sputnik launch into …

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IEC Telecom sees connectivity boom on leisure vessels despite crisis

Dubai, 8 September 2020. – Demand for data traffic in the maritime leisure sector is increasing during the Covid-19 pandemic as crews, operators and passengers are asking for remote high-speed connectivity onboard vessels, the satcom specialist and satellite communication service provider IEC Telecom said. “(Y)achts are becoming increasingly attractive remote offices for …

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UAE’s planned city on Mars gets help from university on radiation research

Abu Dhabi, 7 September, 2020. – A new research finding on radiation will support the UAE’s ambitious project to build the first human settlement on Mars by 2117, a scientist told Emirates News Agency, WAM. “Radiation is one of the biggest roadblocks in planning long-term space missions, especially the project …

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Gilat and Comtech in litigation over Gilat acquisition

Gilat Satellite Networks, a leader in satellite networking technology, solutions and services, filed a complaint against Comtech Telecommunications over the acquisition of Gilat by Comtech, rejecting earlier Comtech “allegations” in a Comtech complaint against Gilat. In its Q2 results announcement on 31 August 2020, Gilat stated: “The acquisition of Gilat by …

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L3Harris selected by Airbus for next-gen satellite antenna

L3Harris Technologies (NYSE:LHX) has been selected by Airbus Defence and Space to build a space reflector antenna for a next-generation satellite which will provide mobile telecommunication services throughout the Middle East, Africa, Europe and Central Asia. The geostationary satellite, owned and operated by Yahsat/Thuraya, will carry an L-band payload that will …

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Gilat posts lower revenues and loss, but confident for second half 2020

Gilat Satellite Networks, a worldwide leader in satellite networking technology, solutions and services, today reported its results for the second quarter ended June 30, 2020. Key Financial Highlights are: Revenues for Q2 2020 totaled $38.3 million compared with $59.7 million for Q2 2019. Q2 2020 – GAAP operating loss was …

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Yahsat Boosts Thuraya’s Next-Gen Capabilities

Airbus has been selected by Al Yah Satellite Communications Company (Yahsat), the UAE’s leading global satellite operator, to build Thuraya 4-NGS, the next-generation mobile telecommunications system that will drive the continued advancement of Thuraya’s L-band business. Thuraya 4-NGS will deliver higher capabilities and flexibility while increasing capacity and coverage across …

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AXESS Receives Financing to Continue Consolidating Globally

AXESS Networks, the result of a merger between Axesat in Latin America and CETel in Europe, is a global player in the satellite communications industry, with operations in 50 countries on four continents, providing tailored managed end-to-end communications solutions to its corporate customers. Recently Spanish development finance company COFIDES and …

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Mohammed Bin Rashid Space Center board meets on strategic plans

The Board of Directors of the Mohammed Bin Rashid Space Center, MBRSC, held a meeting chaired by Talal Humaid Belhoul, Vice President, MBRSC to discuss developments related to future projects at the Center, aligned with the strategic plan of the UAE’s National Space Program. The meeting was attended by Hamad Obaid …

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Space4Impact opens call for NewSpace companies to join

Space4Impact (www.space4impact.org) believes that space can do more for the Earth. Space4Impact will create an international ecosystem of governmental and non-governmental organisations, investors, entrepreneurs & corporates. The goal is to maximize the positive impact that space technologies, infrastructures and data can bring to the planet for a sustainable future. Through the …

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